17, FERN DRIVE, MARKET RASEN, LN8 3NU - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 FERN DRIVE is a very large detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £338,282. It was last sold for £260,000 in May 2018, which was around 16% above the average May 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

17 FERN DRIVE Sold Prices

Land registry data shows four sales for 17 FERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 17 FERN DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 21 MAY	£260,000	£223,747	16% above HPI
2011 28 APR	£195,000	£177,911	10% above HPI
2010 10 DEC	£230,000	£191,082	20% above HPI
2006 5 MAY	£234,950	£177,966	32% above HPI

17 FERN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 17 FERN DRIVE sales between May 2006 and May 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 17 FERN DRIVE be worth now?

17 FERN DRIVE might now be worth an estimated £338,282.

This is based on house price inflation of 30.1%, between May 2018 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.1% inflationary increase is applied to the most recent sale price for 17 FERN DRIVE of £260,000 on 21st May 2018. For the value to have increased from £260,000 to £338,282 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 17 FERN DRIVE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FERN DRIVE has not materially changed since May 2018.

How Large is 17 FERN DRIVE?

17 FERN DRIVE is 149m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Market Rasen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Market Rasen, and where 17 FERN DRIVE lies on this distribution: 84% of detached houses houses are smaller than 17 FERN DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Market Rasen.

17 FERN DRIVE: Plot and Title Map

17 FERN DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 17 FERN DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 17 FERN DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 17 FERN DRIVE?

17 FERN DRIVE is located in MARKET RASEN, in the LN8 postcode district. The below map shows the position of No. 17 on FERN DRIVE.